Company No: SC177224 (Scotland)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	24.12.2025		31.12.2024
		£		£
Fixed assets
Tangible assets	3	157,188		97,780
		157,188		97,780
Current assets
Stocks		2,000		1,500
Debtors	4	605,733		598,442
Cash at bank and in hand		201,329		235,824
		809,062		835,766
Creditors: amounts falling due within one year	5	( 289,058)		( 289,896)
Net current assets		520,004		545,870
Total assets less current liabilities		677,192		643,650
Creditors: amounts falling due after more than one year	6	( 21,969)		( 5,000)
Provision for liabilities		( 7,678)		( 12,656)
Net assets		647,545		625,994
Capital and reserves
Called-up share capital	7	1,000		1,000
Profit and loss account		646,545		624,994
Total shareholders' funds		647,545		625,994

For the financial period ending 24 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Gateway Control Systems Limited (registered number: SC177224) were approved and authorised for issue by the Director on 22 September 2026. They were signed on its behalf by:

Alan James Warren Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Gateway Control Systems Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Gateway House, Enzie, Buckie, AB56 5BL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The prior year reporting period covered a period of less than 12 months, therefore, the comparatives are not entirely comparable.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial period. Differences between contributions payable in the financial period and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	100 years straight line
Leasehold improvements	25 years straight line
Vehicles	25 % reducing balance
Fixtures and fittings	15 % reducing balance
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

	Period from 01.01.2025 to 24.12.2025		Year ended 31.12.2024
	Number		Number
Monthly average number of persons employed by the Company during the period, including the director	5		7

3. Tangible assets

	Land and buildings		Leasehold improve- ments		Vehicles		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£		£
Cost
At 01 January 2025	45,804		37,420		198,531		114,311		49,850		445,916
Additions	0		0		83,557		2,474		0		86,031
Disposals	0		0		( 26,555)		0		0		( 26,555)
At 24 December 2025	45,804		37,420		255,533		116,785		49,850		505,392
Accumulated depreciation
At 01 January 2025	2,748		33,040		166,347		103,066		42,935		348,136
Charge for the financial period	458		583		18,491		1,780		4,838		26,150
Disposals	0		0		( 26,082)		0		0		( 26,082)
At 24 December 2025	3,206		33,623		158,756		104,846		47,773		348,204
Net book value
At 24 December 2025	42,598		3,797		96,777		11,939		2,077		157,188
At 31 December 2024	43,056		4,380		32,184		11,245		6,915		97,780

4. Debtors

	24.12.2025		31.12.2024
	£		£
Trade debtors	590,966		584,203
Other debtors	14,767		14,239
	605,733		598,442

5. Creditors: amounts falling due within one year

	24.12.2025		31.12.2024
	£		£
Bank loans	5,000		10,000
Trade creditors	49,015		64,272
Taxation and social security	16,660		124,200
Obligations under finance leases and hire purchase contracts	11,020		833
Other creditors	207,363		90,591
	289,058		289,896

Bank loans are secured under the governments coronavirus business interruption loan scheme.

6. Creditors: amounts falling due after more than one year

	24.12.2025		31.12.2024
	£		£
Bank loans	0		5,000
Obligations under finance leases and hire purchase contracts	21,969		0
	21,969		5,000

Bank loans are secured under the governments coronavirus business interruption loan scheme.

7. Called-up share capital

	24.12.2025		31.12.2024
	£		£
Allotted, called-up and fully-paid
600 A Ordinary Shares shares of £ 1.00 each	600		600
400 B Ordinary Shares shares of £ 1.00 each	400		400
	1,000		1,000

8. Related party transactions

Transactions with the entity's director

	24.12.2025		31.12.2024
	£		£
Amounts due to key management personnel	198,612		84,350

The above balance is unsecured, interest free and has no fixed terms of repayment.